Halo Wallet Extension - Web3 Wallet - Official Site
Halo is a renowned international virtual currency trading exchange and has recently launched its decentralized wallet, Halo Wallet Extension. The release of the wallet is a remarkable endeavor for the KuCoin ecosystem in its attempt to increase Web 3.0 exploration. The wallet's design makes it an easy-to-use and secure cryptocurrency wallet that offers multi-chain aggregation backed by the KuCoin ecosystem. It enables users to generate a decentralized for Web3 in a few seconds and simultaneously store, receive, and send ETH, USDT, BTC, BNB, USDC, and other tokens.
What is the Halo Wallet Extension?
Halo Wallet is a safe and simple-to-navigate virtual currency wallet that supports multi-chain accumulation supported by the KuCoin ecosystem. With the safety measures of the KuCoin exchange and the popular safety technology audited by Hacken, this wallet is a self-custodial crypto wallet, which means users have entire control of their funds. The wallet offers the simplest method for users to handle multi-chain digital assets, allowing them to purchase, store, and check NFT (non-fungible token) collections straight in the wallet. The Halo Wallet Extension offers a doorway to the world of Web3 for every cryptocurrency enthusiast.
Why Choose Halo Wallet Extension?
Capacity to earn interest on virtual currency
The wallet permits users to obtain interest on their assets by staking particular coins or lending them to other users and taking an interest. Obtaining rewards on your digital currency can assist you in creating a bigger portfolio.
Massive selection of virtual assets
Unlike many crypto wallets that provide a few dozen digital currencies accessible for trade, KuCoin provides over seven hundred.
Lowest fee
Unlike some major exchanges, Halo Wallet provides relatively lowest trading fees. You can expect to pay about 0.005 percent and 0.1 percent for each trade and a 20 percent discount on trading fees when using its native token, KCS.
Advanced features
The wallet has plenty of additional features, although you must consider whether you wish to use them. For instance, margin trading permits users to leverage their position, borrowing assets to purchase more cryptocurrency. Only experienced traders must use leverage as it makes digital currency.
How to Set Up Halo Wallet Extension
The steps for utilizing the Halo Wallet Chrome Extension are safe and simple. Go through the tutorial underneath to begin the Web3 exploration.
Download Halo Wallet Chrome Extension
First, download the Halo Wallet Extension via the Chrome Web Store.
Then, launch the wallet in the browser extension. Hit the Connect Wallet App and navigate to the Scan QR code page.
Next, launch the wallet app on your smartphone app. Hit the top right button and scan the Barcode visible on the Scan QR Code page.
After this, tap on the Connect tab on your phone.
That's it; the wallet extension is now ready to use. You can check your funds, transact, and interact with different dApps via the extension.
Setting Up the Wallet
First: Visit the official website
Let's begin; launch the Halo Wallet extension, or you can launch its mobile app. The initial setup procedure of creating a wallet is similar to signing up for an account on the KuCoin exchange.
Next, you should detect and tap the Sign-Up icon on the homepage.
Second: Provide some essential details
Then, specify your email address and a hard-to-break password in the preferred fields.
After providing the information, hit the Sign UP button again at the bottom.
Third: Verify the email address
Now, you will obtain a verification code on the associated email account. You should head to your inbox to get the code.
After this, provide the code on the given space to validate your email address.
Finally, a pop-up window will display, requesting you to purchase or fund your account with some digital asset.
How to Retrieve Halo Wallet Password
If you forgot the login password and don't know how to reset it, just follow the following tips:
Firstly, visit the official Halo Wallet website, or open its mobile app on your desired device.
Next, top on the Forgot Password? Option under the login tab.
After this, you should provide the validated email address or mobile number and hit the Send Code tab.
Then, navigate to your inbox or phone and the verification code you have obtained from KuCoin.
Now, input the code in the relative field and press the Submit button. Remember, before providing the email address or mobile number, ensure you have registered it with KuCoin. The verification code will remain valid for 10 minutes.
After this, you can generate a new password for your wallet and hit the Submit tab.
All done; you should now access your wallet using the new password.
Halo Wallet Fees Overview
The wallet has three sections of digital currency. Maker/taker fees decrease within every class as users level up. Users can do this by holding more or trading more KCS, the native token of Halo Wallet Extension. The wallet further reduces users' fees if they pay in KCS. Unlike some other crypto wallets, the trading fee of Halo is competitive, particularly for the most popular cryptocurrencies.
According to Halo, users can fund their wallets for free. But you often require payment to fund your wallet with fiat currency. The platform connects with many third-party services and supports over 70 payment methods. It estimates the best deal based on how much users add and how much they wish to pay.
The fees for taking out the fund from the wallet can differ by digital currency and blockchain network. To move the funds from the Halo Wallet normally includes the gas fee to list the transaction on the blockchain and the cost based on the blockchain you are using.
Conclusion
Halo Wallet Extension is a trusted and popular wallet that provides numerous services and tools that can attract more advanced crypto traders. The wallet is safe, simple to use, and supports multi-chain aggregation backed by the KuCoin ecosystem. If you want to know more about its features, fees, and setup procedure, go through the informative blog above.